Industrial output and retail sales are expected to have grown at a faster pace in October compared to September, according to forecasts by economists in a Bloomberg survey.
Chinese authorities announced a slew of measures including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings over the weekend.
MSCI's All Country World Index, which tracks stocks across 49 countries, rose to its highest in just over a week, up 0.7% on the day.
China overtook Japan in 2014 but its gauge has lost value since the turn of this year
In Tokyo, the Nikkei 225 slipped below the flat line to trade lower by 0.12 percent. Financials, oil producers and shippers gained, but declines were seen in consumer goods sectors.
Japan's Nikkei 225 rose 0.35 percent, with gains in automakers, trading houses and financials driving the broader rise in the index. Across the Korean strait, the Kospi traded just below the flat line, falling 0.03 percent.
Japan's Nikkei 225 rose 1.34 percent as the greenback strengthened against the yen, after the index finished lower by close to 1 percent in the previous session.
Most analysts’ tracking D-Street remain cautious on markets especially after 20 percent rally so far in the year 2017.
Japan's Nikkei 225 fell 1.19 percent. The Nikkei share average is trading at its lowest since December last year. The ASX 200 dipped 0.05 percent while the Kospi was marginally higher and trading 0.07 percent higher.
The Kospi was down by 0.52 percent, with China-exposed stocks pressured following heightened tensions in the Korean peninsula. Shares for Lotte Shopping, the retail arm of conglomerate Lotte, fell by 1.59 percent, while shares of LG Electronics plunged 1.97 percent.
Japan's Nikkei 225 rose 0.82 percent, recovering most of its losses of 276 points, or 1.44 percent, seen yesterday.
Japanese benchmark Nikkei 225 dropped more than 1.5 percent and the safe-haven yen strengthened.
Chinese mainland shares were mixed on Monday morning, with the Shanghai composite up 0.13 percent and the Shenzhen composite flat. Hong Kong's Hang Seng added 0.21 percent.
During Asian trade, Brent crude futures were up 0.66 percent to USD 52.15 a barrel, and US crude gained 0.57 percent to USD 49.14.
The Shanghai composite was down 0.7 percent and the Shenzhen composite fell 0.59 percent. Hong Kong's Hang Seng plunged 0.96 percent.
Chinese stocks were resiliently higher, with Shanghai composite up 0.03 percent and Shenzhen composite added 0.3 percent. Hong Kong's Hang Seng index was up 0.46 percent.
The Shanghai composite opened down 0.1 percent, while the Shenzhen composite opened 0.3 percent lower.
Chinese markets were under heavy pressure in early trade. The Shanghai composite fell 1.1 percent and the Shenzhen composite dropping 1.479 percent. Hong Kong's Hang Seng index declined 0.73 percent.
Global, lcoal cues were weak and Indian indices are likely to open flat. SGX Nifty was down at 7974 at the time of writing.
Indian benchmark indices are likely to open flat tracking mixed signals from Asian share and a stronger US market.
In South Korea, the Kospi recovered from earlier losses to trade up 0.17 percent. Hundreds of thousands people rallied in Seoul at the weekend for the fifth straight week of protests against President Park Geun-hye, who is embroiled in a scandal over influence-peddling.
The Mexican Peso was up 1.93 percent against the greenback, at the highest levels in nearly a month, as the second US presidential debate kicked off, signalling that the markets were lengthening odds on a Trump victory.
Japan's benchmark Nikkei 225 was off 0.1 percent, erasing earlier gains, and South Korea's Kospi extended losses, down 1.19 percent, after Yonhap broke news of a suspected nuclear test in North Korea after an earthquake was detected near a known nuclear testing site.
US stocks closed higher on Monday as investors cheered an election in Japan and extended a jobs-report rally. The S&P 500 index closed at a new all-time high and also posted a new all-time intraday high of 2,143.
In Japan, the Nikkei 225 was up 0.25 percent; while across the Korean strait, the Kospi was lower by 0.18 percent.